Ep. 891: Inside the Mind of Charles Faulkner with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Be a Winner Not a Loser
I agree with you conceptually it's very easy but for a lot of people there's this huge blind spot with using prices a decision making cue well and this goes to the point of my work. efficient market theory is that humans are rational decision makers again a fiction like the other ideas but a fiction that influenced what people pay attention to and so forth. The world is made up of these rational irrational components they have to be able to quantify them in some way and then and qualify them and so forth.
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